Nevertheless, the Vanguard Stock Market ETF (NYSEArca: VTI), with $31 billion in assets, has overshadowed SCHB. VTI has a 0.06% expense ratio, exposure to 3,183 stock components and attracted $4.5 billion since last September, a 17% increase.
On top of the lower explicit cost associated with the annual expense fees, investors have also benefited from the increased liquidity due to SCHB’s larger size, which translated to tighter bid/ask spreads, as well as the commission free trades on the Schwab platform. [The Total Cost of Owning an ETF]
For more information on ETFs, visit our ETF 101 category.
Max Chen contributed to this article.